Pharma BD Deal Intelligence

Roche Holding AG / Poseida Therapeutics

2024 · Acquisition/Merger · $1.5B · Complete

WRONG BY 32 POINTS
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The coverage arc

Mar 24, 2004 Wikipedia Neutral

Roche acquired Poseida Therapeutics for $1.0B for cell therapy for cancer.

Nov 26, 2024 PR Newswire (Poseida) Bullish

Poseida Therapeutics announces agreement to be acquired by Roche Holdings: $9.00/share cash plus CVR up to $4.00/share.

Jan 09, 2025 BioProcess International Bullish

Major pharmaceutical company Roche buys cell and gene developer Poseida Therapeutics in $1.5 billion acquisition deal

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Roche (via subsidiary Blue Giant Acquisition Corp.) acquired San Diego-based cell-therapy developer Poseida Therapeutics in a tender-offer takeover announced 26 November 2024 and completed 8 January 2025. Holders received US$9.00 per share in cash at closing -- a total upfront equity value of approximately US$1.0 billion, a ~215% premium to Poseida's 25 November 2024 close -- plus a non-tradeable contingent value right (CVR) for up to an additional US$4.00 per share, bringing total potential deal value to approximately US$1.5 billion. The acquisition gives Roche Poseida's allogeneic (off-the-shelf) CAR-T platform and lead candidates P-BCMA-ALLO1 (BCMA-targeted, RMAT-designated in relapsed/refractory multiple myeloma), the dual-targeting P-CD19CD20-ALLO1 (B-cell malignancies and autoimmune indications including MS and SLE), and the solid-tumor program P-MUC1C-ALLO1, deepening Roche's bet that allogeneic CAR-Ts can broaden access relative to autologous cell therapies. Poseida was delisted from Nasdaq on close.

Key facts

Related deals — scored

DealYearValueOutcome
Roche Holding AG / Poseida Therapeutics (this deal)2024$1.5B60
Roche Holding AG / Chugai Pharmaceutical Co. Ltd.2002$1.4B100
Roche Holding AG / Ventana Medical Systems Inc.2008$3.4B88
Roche Holding AG / Corange Ltd. (Boehringer Mannheim Group)1997$11.0B88
Roche Holding AG / Ventana Medical Systems Inc.2007$3.4B88
Roche Holding AG / Foundation Medicine, Inc.2015$1.1B87
Roche Holding AG / Foundation Medicine, Inc.2018$5.3B85

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